Performance Clause

[Putncalls]

It appears that the GLJ E/A estimate was shown to increase by 0.5Ts on 2/28/2012. 8.56 to 9.07 Ts(initial recoverable sales)

http://www.interoil.com/iocfiles/documen...0Final.pdf

The two presentations preceeding this seem to be missing but I think one stated that A3 confirmed connectivity.

I guess my point is that I still can't find a reason that would suggest GLJ's estimate (9 or 9.9) is in doubt. A/E certification should pay 1.29$/MCF for the 2.7 Ts on top of the 6.3T point.

[jft310]

Puts is correct they have run connectivity tests in the past . GCA required two more wells to get to GLJ numbers with more connectivity tests . Per the Jan 12 slides that's exactly what Interoil has planned . Prove out the GLJ numbers . Laurie Brown slide 11 Dec 3rd also adds to increase the estimates arguement ,

[Getitrt2]

A3 by confirming similar formation levels and gas resources confirmed continuation of the formation. However, I do not recall anything about running long-term flow tests at A3 for connectivity with pressure gauges in A1 and A2, as now planned after A5 for it and between it and other wells. Anyone know where information of that nature would be that I might have missed?

[jft310]

No long term flow tests . Some type connectivity test .